TechFlow News, May 02: According to Bitcoin.com News, Bitso—one of Latin America’s largest cryptocurrency service providers—released its “2025 Latin American Crypto Landscape Report.” The report reveals that nearly 40% of cryptocurrency purchases in the region in 2025 involved U.S. dollar-pegged assets such as USDT and USDC. The analysis draws on data from nearly 10 million customers across key markets including Argentina, Brazil, Colombia, and Mexico.
Specifically, USDC accounted for 23% of purchase volume—surpassing both Bitcoin (18%) and USDT (16%). Country-level patterns varied significantly: Argentina exhibited the highest degree of dollarization, with USDC and USDT together comprising over 70% of total crypto purchase volume. Brazil’s market was the most balanced, with stablecoins representing 34% of purchase volume and Bitcoin accounting for 22%. Colombia and Mexico fell between these two extremes.
Bitso stated that these figures reflect “a structural shift in how cryptocurrencies are used across the region—from speculative instruments to financial infrastructure for savings, payments, and cross-border value transfer.” Nonetheless, Bitcoin remains the core asset held by Latin Americans, constituting 52% of regional investment portfolios—a decline of just one percentage point year-on-year.
